Businesses don’t pay taxes, people do. For every tax government levies on a business, entrepreneurs lose the ability to hire additional employees; managers have less money to give their workers; customers pay higher prices for products; and investors see their returns disappear. In short, everyone is made poorer.
Hijacked: How the Bond Process is Being Used Against Taxpayers
School bonds are one of the main instruments contributing to Texas’s local government debt, which is currently over half a trillion dollars. Key points: As of 2026, school bond debt in Texas is over $236 billion. In May of 2023, Texas passed 79% of the 245 bond proposals put on the ballot, costing taxpayers $22.9...